pennine:Poor Greece, birthplace of Democracy, I pray for her restoration her Freedom & her Glory once again.

Germany’s Abuse ofGreece

7/13/2017

We thought the following report from german-foreign-policy.com (our translation from the German) was of interest for at least 2 reasons:

Note the stark contrast between the way the US government treated Germany after the war, ie, with the Marshall Plan intended to get Germany back on its feet economically, and on the other hand, the way the Germans are treating the Greeks now that they have bankrupted them with loans extended at cheap rates at first but then at increasingly high interest rates. Thus Germany is acting as a predatory capitalist in the case of Greece and showing it no mercy. Greece as always been treated shabbily by the German government, which generally considered it inferior – a kind of Untermensch on a national level.

During the war, Germany mistreated the Greeks worse than it did most other conquered nations, staging mass murders and destroying major infrastructure. As a result, Greece has periodically raised the issue of reparations. Partial reparations have been paid but Greece signed an agreement at the time agreeing never to demand more. The unfairness of this deal, concluded under duress, prompts the Greeks to raise this issue from time to time.

Our translation:

ATHENS / BERLIN (Own report) – Germany makes millions off of the Greek debt crisis thanks to loans and government bonds. This is confirmed by the Federal Government. Accordingly, German profits from financial transactions with Greece now stand at around 1.34 billion euros. In addition, German companies are profiting from the forced sale of Greek state property; in the most recent instance of this, a German investor purchased, in a joint venture with a very rich Greek, oligarch, the majority shares of the port of Thessaloniki. At the same time, since increasing poverty forces people to buy cheap food, the German discounter Lidl is able to increase its market shares in Greece against its supermarket competitors. Little noticed crisis profits allow for the mass emigration of highly qualified Greeks in particular. Many Greeks are employed in Germany, their expensive education having once been paid for by Athens, but their skills are now exploited by the Federal Republic — free of charge.morehttp://www.german-foreign-policy.com/de/fulltext/59637
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